CONCLUSIONS, IMPLICATIONS & RECOMMENDATIONS
5.6 Thesis summary
This thesis has made an original contribution to the Malay small family business literature by means of an exploratory study on decision-making for business growth. Although specific findings should not be generalized to the entire Malay small family business population, the investigation that took place in various types of Malay small family businesses has added credible information to the topic. The development of a research outcomes model on the topic has moved forward the body of knowledge about how decisions for growth are made in Malay small family businesses. In Malay small family business circumstances, the owner as the primary decision-maker often discusses issues with family members before individually making decisions. Furthermore, business and family factors are communicated to owners prior to decisions being made regarding business growth. Family discussions and support, then, are major advantages of making decisions in a family business; the result being that autocratic decision-making must be considered only in the light of recommendations made in family discussions.
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